18 Jul
Conditions of Acceptance – The Promise to Purchase Deadline

Conditions of Acceptance – The Promise to Purchase Deadline

When you’re ready to make an offer on a property, your real estate broker will help you fill in a Promise to Purchase to present to the seller. In this document, you specify the price you want to pay, any applicable conditions and the deadline for responding. Until this deadline passes, you are legally bound to the price and conditions you presented. If the seller finds your price and conditions satisfactory and signs the Promise to Purchase, then both parties…

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21 Mar
Accepted offer, Now What Happens?

Accepted offer, Now What Happens?

You just got the call, they accepted your offer! Woohoo! You jump around for a few minutes but when you calm down you need to realise you are on the clock – you have deadlines to meet or you could lose the house to someone else! Inspection Have your home inspected by a professional, not uncle Bob who once renovated a home! Hire an inspector that is approved by the Real Estate Board (OACIQ Organisme d’autoréglementation du courtage immobilier du…

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14 Feb
Quebec Real Estate Practices – Different from the Other Provence’s

Quebec Real Estate Practices – Different from the Other Provence’s

  Quebec has its own set of rules When buying a house in Quebec, the first thing to know is: “You know nothing” (John Snow). Ok, yes, I watch Game of Thrones! Seriously, you don’t know much though! The rest of Canada follows Common Law whereas here in Quebec, we have our own rule book – The Civil Code. Very generally speaking (since I am not a lawyer), Common Law is case law and Civil Law is codified statutes. On…

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